About Citveda Labs Private Limited
Data last updated:
Citveda Labs Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the edtech solutions segment of the education sector. It was incorporated on 09 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2014PTC268730. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Trinesh Kumar Rai and Ashish Ramesh Kulkarni.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at P – 27 First Floor 105 Malviya Nagar, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2019, the company reported a revenue of ₹8.85 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹1.35 Lakh (net margin -15.3%) and EBITDA of -₹1.34 Lakh (EBITDA margin -15.1%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years.
Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citveda.com.
Company details
Contact details
Citveda Labs Private Limited's registered office is in New Delhi, Delhi. Its website is citveda.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressP – 27 First Floor 105 Malviya Nagar, New Delhi, Delhi, India – 110017
- IndustryEducation, EdTech Solutions
To see the full contact details of Citveda Labs Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Citveda Labs is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Citveda Labs Private Limited, buy the company report.
Financials of Citveda Labs Private Limited
FY 2019 filings availableCitveda Labs Private Limited reported revenue of ₹8.85 Lakh (down 36% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over three years, including a 36% fall in the latest year. EBITDA fell 25% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹8.85 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.35 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.1% | ||||
| Net Profit Margin | -15.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Citveda Labs Private Limited, buy the company report.
Board of directors of Citveda Labs Private Limited
Citveda Labs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Ramesh Kulkarni Also directs: Vrexbot Tech Private Limited | Additional Director | 17 Nov 2020 | 5 Years 11 Months | Current |
| Trinesh Kumar Rai Also directs: Vrexbot Tech Private Limited | Director | 09 Jul 2014 | 12 Years 3 Months | Current |
Auditor
Citveda Labs Private Limited is audited by GULSHAN BANSAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GULSHAN BANSAL & CO | FY 2019 | 019397C |
Shareholding
The shareholding of Citveda Labs Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Citveda Labs Private Limited, buy the company report.
Legal cases
Citveda Labs Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by an individual | Pending |
| District court, East, Delhi | Criminal case | Filed against the company by Petals Enlightenment Institute Pvt. Ltd. | Pending |
To see the full case history of Citveda Labs Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Citveda Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citveda Labs has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Citveda Labs Private Limited, buy the company report.
Recent activity
Citveda Labs Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Ashish Ramesh Kulkarni was appointed as Additional Director on 17 Nov 2020.
Frequently asked questions
Citveda Labs is an active private limited company based in New Delhi, Delhi, India. The company works in edtech solutions, within the education industry. It was incorporated on 09 July 2014 (12+ years old) and is registered under CIN U74140DL2014PTC268730.
Citveda Labs has 2 current directors:
- Ashish Ramesh Kulkarni - Additional Director
- Trinesh Kumar Rai - Director
The latest financial statements of Citveda Labs on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Citveda Labs has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Citveda Labs is U74140DL2014PTC268730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citveda Labs has 2 court cases on record: 2 filed against it. 2 are pending. Most are in the district courts.
Citveda Labs was incorporated on 09 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Ashish Ramesh Kulkarni was appointed as Additional Director on 17 Nov 2020. Vishesh Sonkar Shastri ceased to be Director on 17 Nov 2020. Dhruv Prasher ceased to be Director on 30 Mar 2019. Citveda Labs has 4 board changes on record in total.
Citveda Labs can be reached through the website citveda.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Citveda Labs is at P – 27 First Floor 105 Malviya Nagar, New Delhi, Delhi, India – 110017.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
